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PayMaya accelerates rollout of QR Ph P2M million acceptance points

Monday 1 November 2021 15:11 CET | News

Philippines-based digital payments ecosystem PayMaya has accelerated the launch of a new payment platform using QR code to transform the country into a cash-lite economy.

PayMaya has rolled out a number of QR Ph P2M (person-to-merchant) acceptance points across its enterprise base, now at over 160,000 online and on-ground touchpoints, including large companies, government agencies, as well as micro, small and medium enterprises (MSMEs).

Since the initial launch in April 2021, PayMaya has been equipping enterprises of all sizes with QR Ph P2M. For large businesses enabled with the PayMaya One Android device and MSMEs using the Paymaya Negosyo app, the rollout of QR Ph P2M has been done as PayMaya rolls out software updates over the air.

With the new payment scheme, enterprises provide consumers with a more accessible digital payment option because they can accept QR payments regardless of their customers’ bank or e-wallet accounts. PayMaya is also updating the QR codes of partner enterprises with the PayMaya QR standees in their physical stores.


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Keywords: QR payments, mobile payments, SMEs, digital payments, payment methods
Categories: Payments & Commerce
Companies:
Countries: Philippines
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Payments & Commerce






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